Personal loans in Penn Yan, NY

The Census estimates 5,062 residents in Penn Yan, which ranks it 167th of 595 places in New York. For a community of about 5,062, the practical step is to compare APR across at least three lenders before committing. Rate ceilings, licensing requirements and product limits for Penn Yan are all set at the New York level. A larger market lies at Geneva, NY about 14 miles away.

Where Penn Yan stands

Read the local figures below as context; read the sourced New York table as the rulebook a lender here must follow.

• Population: 5,062 residents; Penn Yan is the 167th-largest of 595 places in New York (US Census Bureau, Vintage 2023).
• Population trend: About 1.1% below the 2020 Census base.
• Absolute change: 55 residents lost between 2020 and 2023.
• Size percentile: about 72% of New York communities are smaller than Penn Yan (5,062 residents).
• Population density: about 2,109 people per square mile across 2.4 square miles of land (Census Gazetteer area, Vintage 2023 population).
• By land area: Penn Yan ranks 165th among New York's 595 places, at 2.4 sq mi.
• Water area: Penn Yan has 0.06 square miles of water, ranking 186th of 595 places in New York.
• State population share: Penn Yan accounts for about 0.0% of everyone in New York.
• National rank: Penn Yan sits 4,792nd by population among the 19,457 places in this dataset.
• Growth in New York: Penn Yan stands 223rd by percentage change from 2020 to 2023, among 595 places.
• Against the state trend: Penn Yan's 1.1% change compares with a New York average of -1.1% across its 595 places.
• Density in New York: Penn Yan ranks 210th by people per square mile.
• Against the state median: Penn Yan runs about 2,109 residents per square mile, where the New York median is 1,515.
• Location: 42.6607, -77.0531 (US Census Bureau Gazetteer).
• Nearest larger cities: Geneva (14 mi); Canandaigua (20 mi); Bath (26 mi); Newark (26 mi); Auburn (31 mi). Online lenders reach Penn Yan no matter how far the nearest branch is.
• Nearest smaller towns: Dresden (5 mi); Dundee (10 mi); Rushville (11 mi) — useful context for the surrounding area.
• Smaller places within 50 miles: 81 of them.
• Within 100 miles: 51 places are larger than Penn Yan.

Penn Yan's place among New York's 595 places

Against New York's other places, Penn Yan accounts for about 0.0% of the state's population and ranks 167th of 595 by size. On the 2020-to-2023 trend, Penn Yan stands 223rd among New York's 595 places — roughly the 63th percentile. At about 2,109 people per square mile, Penn Yan is the 210th most densely settled place in New York. Within 50 miles sit 81 smaller Census places, alongside the 17 that are larger.

The anatomy of a Penn Yan personal loan

A Penn Yan personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 5,062 residents. Federal Truth in Lending rules require a Penn Yan lender to disclose the APR and finance charge before you sign. Shortening the term on a Penn Yan loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

Land, water and location for Penn Yan

The Census Gazetteer records 2.4 square miles of land and 0.06 square miles of water within Penn Yan. That land carries about 2,109 people per square mile. The largest place in New York, New York, lies about 212 miles away. Within 50 miles of Penn Yan there are 17 larger Census places. The 100-mile radius contains 51 larger places.

New York consumer-lending rules applied in Penn Yan

When New York does not publish a figure, the row links to the source instead of inventing a number; Penn Yan is bound by the same rules.

What to do before borrowing in Penn Yan

These steps shape the offer you get in Penn Yan, a place of about 5,062 people:

1. Check all three credit reports for mistakes, because an error you fix now is a lower rate later.
2. Model the payment on the calculator before a lender models it for you.
3. Collect three or more offers and compare them on APR, not on the advertised rate.
4. Make sure the lender appears in the New York regulator's licence list.
5. Write down the purpose of the loan and your repayment plan before you apply.
6. If the balances are already a strain, seek nonprofit credit counselling before adding a loan.
7. Read the disclosure for an origination fee and any prepayment penalty before signing.

In Penn Yan as elsewhere in New York, the written terms — not the advertisement — are what count for its 5,062 residents.